List their strengths and weaknesses compared to yours.
Find: Canadian food supplier directories (AAFC) Describe your marketing plan and distribution channels.
Include the steps for attracting and retaining customers (if applicable).
A business plan identifies risk factors for each operation, and allows producers to evaluate alternatives to 100-per-cent ownership of feeder cattle and manage their risk accordingly.
Risk management strategies form a critical component of the business plan, and will be reviewed by lenders and other stakeholders when assessing the financial viability of backgrounding cattle.